Biden Adviser Sperling on Recession Fears: ‘Too Many People’ ‘Not Realizing’ How Successful Our Policies Were

Senior Adviser to President Joe Biden Gene Sperling responded to a survey showing that a majority of CEOs expect a recession in the next 18 months by stating that “we think that too many people are not looking at the more reassuring elements of resilience in this economy right now and they’re not realizing that the American Rescue Plan put a historic number of people back to work.”

The Associated Press

Breitbart Business Digest: Dark Days for Sun Valley

The annual tech and media symposium that Allen & Co. organizes at the Sun Valley Resort has been described as a “summer camp for billionaires.” This year it might seem a bit like a week at Easter Lake, the fictional summer camp repeatedly plagued by a hockey-masked serial killer named Jason.

Tim Cook, chief executive officer of Apple Inc., looks at his phone while waiting for a car after the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 13, 2018. (David Paul Morris/Bloomberg via Getty Images)